Today
JB Hi-Fi looks for growth and rewards investors amid resilient sales
The major electronics and consumer goods retailer will move into the commercial builder market with the purchase of kitchen and bathroom group E&S Trading.
- Carrie LaFrenz
Yesterday
Multinationals sound alarm over weak demand in China
Weak demand in China has been a feature of half-year earnings across much of the global consumer goods sector.
- Edward White and Thomas Hale
‘Heartbreaking’: Melbourne stores bite the dust as workers stay home
Small-business owner Chelsea McIntosh has been forced to close down six out of seven gift shops she ran in Melbourne’s CBD as the retail sector has been rattled.
- Gus McCubbing
This Month
Former Super Retail executive claims CEO spat at staff in meeting
The allegation, made in court filings, suggests Anthony Heraghty presided over a dysfunctional workplace and improperly spent funds. He denies the claims.
- Carrie LaFrenz
- Updated
- Earnings season
‘People have more money, but we have not seen it’: Nick Scali CEO
The retailer has recorded a slide in sales as shoppers stay away from big-ticket purchases.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Why Dan Murphy’s boss was almost sacked on his first day
As he celebrates three decades working at Dan Murphy’s, the Endeavour Group chief executive is ready for more direct feedback from his critics.
- Updated
- James Thomson
Big discounting and store closures hit Myer’s bottom line
The department store has warned it will record a fall in sales when it publishes its financial results next month, as lower customer spending takes its toll.
- Carrie LaFrenz
- Opinion
- Domino's Pizza
Pressure is on Domino’s boss to deliver a turnaround
US parent Domino’s Pizza Inc and local chairman Jack Cowin are each becoming more involved in how ASX-listed Domino’s Pizza Enterprises is run.
- Carrie LaFrenz
Coles boss banks on efficiency gains from new warehouse
Leah Weckert says better product availability will translate to higher sales following the opening of a major distribution centre in western Sydney.
- Carrie LaFrenz
- Exclusive
- Venture capital
Blackbird, Tiger Global-backed start-up shares valued at zero
Retail AI start-up Hivery has had to cut costs, staff and had two co-founders depart. Its biggest local investor has now written a stake down to $0.
- Nick Bonyhady
Liquor giant Dan Murphy’s absorbs Penfolds price hikes
The retail chain’s managing director Agi Pfeiffer-Smith said the market is increasingly competitive and even shoppers seeking small luxuries want a deal.
- Carrie LaFrenz
The luxury bubble is bursting and not even Cettire is safe
Prestige fashion is in a state of crisis as sales plunge and stocks pile up. For Cettire, which has operated in the grey market, this is its moment of truth.
- Carrie LaFrenz and Jonathan Shapiro
PwC in buyer hunt for personal safety equipment biz Amare Safety
Sydney’s Pacific Equity Partners would be a logical buyer given the firm’s acquisition of industrial supplies group ATOM earlier this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘We know over 500 customers’ are searching for it’: the big changes coming to DJs
Although shoppers remain cautious, Scott Fyfe and Anchorage Capital are hoping their $250 million revamp will keep consumers spending.
- Carrie LaFrenz
July
Super Retail wins last-minute bid to suppress statement of claim
The owner of Rebel Sport and Supercheap is defending an action brought by its former head of legal.
- Carrie LaFrenz
Scentre, Barrenjoey pin down another Adelaide shopping mall bargain
A month after they struck a deal at Tea Tree Plaza, Scentre Group and Barrenjoey Private Capital Management are back, buying a 50 per cent stake in an Adelaide mall.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Harmers lodges claim against Super Retail, CEO and chairwoman
The former head of legal for the company which owns Rebel sport is now looking to the Federal Court to enforce a settlement deal she allegedly reached in May.
- Updated
- Carrie LaFrenz
- Opinion
- Luxury fashion
The luxury industry is falling from its elevated heights
The broader fall in luxury consumption has come as a shock to an industry accustomed to attaining ever greater heights, apart from in its pandemic slump.
- John Gapper
Adore Beauty hires ex-General Pants CEO to lead recovery
After selling General Pants to Richard Facioni’s Alquemie Group, Sacha Laing has jumped ship to run the online beauty company.
- Updated
- Carrie LaFrenz
- Exclusive
- Fashion retail
Woolworths Holdings brings in BCG to slash costs at Country Road
Country Road – which operates its eponymous brand along with Mimco, Trenery, Witchery and Politix – has been controlled by the South African group since 1998.
- Updated
- Carrie LaFrenz